Thursday links: disorder and randomness
MarketsThe chances of you successfully timing the market based on macro stuff is slim. (awealthofcommonsense.com)Would you invest in Norway's sovereign wealth fund if you could? (ft.com)Berkshire HathawayGeico was the star of Berkshire Hathaway's ($BRK.A) 2024 results. (newsletter.rationalwalk.com)Berkshire's portfolio highlights the impact of a few key positive outliers. (novelinvestor.com)StartupsStripe was recently valued at $91.5 billion in a share tender offer. (cnbc.com)Don't hold your breath for a wave of IPOs. (axios.com)FinanceCapital cycles can take years to play out. (flyoverstocks.com)The FTX bankruptcy was the most expensive since Lehman Bros. (bnnbloomberg.ca)EggsIs bird flu the only reason for rising egg prices? (nytimes.com)Why were eggs as cheap as they were? (theatlantic.com)EconomyWeekly initial unemployment claims jumped last week. (bonddad.blogspot.com)Real home prices are a touch below the 2022 peak. (calculatedriskblog.com)Earlier on Abnormal ReturnsLongform links: shouldering more costs. (abnormalreturns.com)What you missed in our Wednesday linkfest. (abnormalreturns.com)Personal finance links: changing circumstances. (abnormalreturns.com)You can now follow us on Bluesky. (bsky.app)Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)Mixed mediaMany universities are putting a pause on grad school admissions. (theatlantic.com)How early career researchers are impacted by cuts in funding. (nature.com)Four reasons why a war on science will backfire. (marginalrevolution.com)
Markets
- The chances of you successfully timing the market based on macro stuff is slim. (awealthofcommonsense.com)
- Would you invest in Norway's sovereign wealth fund if you could? (ft.com)
Berkshire Hathaway
- Geico was the star of Berkshire Hathaway's ($BRK.A) 2024 results. (newsletter.rationalwalk.com)
- Berkshire's portfolio highlights the impact of a few key positive outliers. (novelinvestor.com)
Startups
- Stripe was recently valued at $91.5 billion in a share tender offer. (cnbc.com)
- Don't hold your breath for a wave of IPOs. (axios.com)
Finance
- Capital cycles can take years to play out. (flyoverstocks.com)
- The FTX bankruptcy was the most expensive since Lehman Bros. (bnnbloomberg.ca)
Eggs
- Is bird flu the only reason for rising egg prices? (nytimes.com)
- Why were eggs as cheap as they were? (theatlantic.com)
Economy
- Weekly initial unemployment claims jumped last week. (bonddad.blogspot.com)
- Real home prices are a touch below the 2022 peak. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Longform links: shouldering more costs. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: changing circumstances. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
